1. GENERAL
Frederick Andrews Ltd offers for sale the property described upon the terms and conditions herein. The firm reserves the right to vary the terms at its discretion. Such terms shall form part of the terms and conditions of the sale. The terms are to be considered as complete and exclusive.
2. REGISTRATION
Each buyer or vendor will need to register for a number with Frederick Andrews Ltd. An admin fee of £4 inclusive of VAT is payable at the point of registration. This will enable you to both buy and sell lots at any of our sales within the terms and conditions here in, with the exception of online bidding where a 3rd party Terms and Conditions will apply.
3. BIDDING
By bidding at auction whether as principle, agent, in writing, telephone, online, commission or any other means the bidder agrees to be bound by these conditions of sale. Buyers premium is 21% inc.VAT. The highest bidder shall be the purchaser. In the event of any dispute arising between two or more bidders, the auctioneer shall have sole discretion in determining the purchaser or re-offering the lot for sale if deemed appropriate. The auctioneer has the right to refuse any bid, to withdraw any lot, to group together lots and to bid on behalf of the vendor.
4. PURCHASER
The purchaser shall give to the firm upon request his name and address and proof of such and a deposit of up to 50% of the total purchase price. In default the lots may be immediately re-offered for sale. The purchaser shall pay to the firm the hammer price plus a buyer’s premium at the stated rates in the sale room. All lots are offered for sale subject to any reserve imposed by the vendor. Should the vendor bid on their own lots or bid above any reserve they will be deemed the purchaser of that lot or lots and incur all fees and charges.
5. REMOVAL
Title to the offered lot shall pass to the buyer upon fall of the auctioneers hammer. No lot maybe removed from the premises of the firm until paid for in full. All lots must be removed from the premises at the buyers’ expense no later than the close of business the Monday immediately after the sale. In the event of any lot not being removed a charge of £3 per lot per day including VAT will be charged, furniture will be charged at £5 per lot per day. If any lot is not paid for and removed within 7 days of the sale Frederick Andrews Ltd may resell the lots by auction or privately without notice to the buyer.
6. POSTAGE AND PACKING
We offer a postal or courier service this always includes insurance and a signature will be required. While we take care to ensure every item is packaged to the highest standard please note that Frederick Andrews do not accept any responsibility for safe delivery or damage. All postage and packing charges to be paid for before items will be sent.
7. DESCRIPTION OF LOTS
Lots are sold with all faults and defects whether latent or otherwise and the firm is not responsible for the authenticity, provenance, age, attribution, date, quality or condition of any lot. Any statements in the catalogue or given verbally or in writing are statements of opinion and are not to be relied upon as statements or representations of fact.
8. PAYMENTS
The firm reserves the right to refuse payment by cheque. Debit card transactions on invoices over £20. Credit card transactions carry a 3% surcharge on all invoices. Cash is accepted on all invoices under 10K in accordance with HMRC money laundering act. Online bidders should settle their account by the close of business on the Monday following the sale or we will automatically request the invoice total from your card provided at the point of online registration.
9. VENDORS
A commission of 20% including VAT and insurance will be deducted from the invoice total on all sold lots. In addition there is a £4 per lot including VAT entry fee this is payable weather the items sells or not. Lot content is discussed with a staff member at the point of entry. Any lots accepted by the firm for auction will be entered into only 1 sale unless by prior arrangement. No monies will be paid until all unsold lots have been removed from the sale room. If any item remains uncollected after 7 days post sale any reserved lots will be reoffered at the next appropriate sale without reserve, any lots without reserve will be disposed of and a fee of £5 including VAT per lot will be charged. Payment will be made for goods sold a maximum of 21 days after the sale date either by cheque of bank transfer.
10. RESERVES
Any lots entered with reserved prices are subject to a 10% auctioneer’s discretion.
11. LIABILITY
All breakages are to be paid at auctioneers valuation plus buyer’s premium. Acting as agents the firm shall not be considered liable for any default on the part of the purchaser of vendor. The firm may bid on the behalf of a potential purchaser, but no liability will be accepted for failure to execute any instructions or any errors that may occur. No employee has any liability arising from the aforementioned items and the firm’s liability shall be limited to the hammer price of any lot in dispute.
12. TRANSFERS
It is the liability of the winning bidder to pay for and remove any lots in conjunction with these terms and conditions, even if the winning bidder is acting on behalf of a third party.